What's proposed under Bill C-42 is that there will be a regulation that can create the code of conduct. Our current code of conduct is very formal. It is written in legal language and there are a lot of sections. The proposal is that through consultations with the stakeholders, employees, external partners, and others, we'll come up with a conduct code that I can envision being a page and a half. It will be stated more as positive ethical principles and obligations on responsibilities and performance.
Britain has some experience with that. We've looked at what they've done, and they've come up with a positive statement that members “will” instead of members “shall not”, and then getting into a series of specifics. It's more in keeping with reforms that are happening generally.
Am I correct that the code is regulation, or is it CSO?